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Creazione di Valore
Founded by Paolo Colonna after his tenure as CEO of Permira Italy, Creazione di Valore operates as a private investment company out of Bergamo.
Creazione di Valore
Founded by Paolo Colonna after his tenure as CEO of Permira Italy, Creazione di Valore operates as a private investment company out of Bergamo. Colonna, an HBS MBA, is a recognized figure in the Italian private equity community, maintaining ties through the industry association AIFI. His firm deploys capital into direct equity investments across Italy, typically in partnership with institutional co-investors. The firm executes control buyouts and growth equity investments, focusing on mid-market Italian companies. Its strategy relies on club deals and co-investment partnerships rather than a committed fund structure, allowing flexible check sizes and transaction timelines. Notable co-investors include Assietta Private Equity SGR, a recurring partner on deals such as MIX, Brenta, and Sarg. Tamburi Investment Partners (TIP) appears alongside Creazione di Valore as a co-shareholder in Dexelance S.p.A., a design-focused holding company. The firm also participates in venture-stage opportunities, including the restaurant concept Zushi, alongside partner Valeria Lattuada of VFT S.r.l. Creazione di Valore operates a lean structure reflective of a principal-led investment office. Colonna maintains a network of Italian institutional relationships spanning private equity and philanthropic circles, including engagements with Fondazione Cariplo and several nonprofit organizations. The firm holds a membership in Fondo per l'Arte LLP, linking it to art-focused investment activity across Italy and the United Kingdom. This blend of institutional co-investors and personal relationships shapes its deal sourcing and execution model. Creazione di Valore differs from standard Italian asset managers by functioning as an unconstrained investment company. It raises capital on a per-transaction basis, sidestepping the fundraising and deployment pressures of a traditional closed-end fund. This structure provides Colonna direct, personal alignment with each deal outcome while allowing the firm to hold assets without a fixed exit horizon.
General information
Firm type
Generalist
Year founded
—
AUM
Undisclosed
Location
Region
Europe
Country
Italy
City
Bergamo
Corporate office
Bergamo, Italy
Principals
Paolo Colonna
Founder
Sector focus
Frequently asked questions
Who runs investment decisions at Creazione di Valore?
Paolo Colonna, the founder, leads all investment decisions. He was previously the CEO of Permira Italy, one of the largest private equity firms in the country, before establishing Creazione di Valore as his own investment company. His deal judgment and network drive the firm's activity.
Is Creazione di Valore a private equity fund or an investment holding company?
Creazione di Valore is an investment company rather than a traditional blind-pool private equity fund. It invests capital on a deal-by-deal basis, typically through club deals and co-investment structures. This means it does not follow a standard fundraising, investment period, and forced-exit timeline, allowing for greater flexibility on hold periods and transaction structures.
Does Creazione di Valore participate in fund commitments or only direct deals?
Creazione di Valore focuses on direct equity co-investments rather than committing as a limited partner to third-party private equity funds. Its known activity involves acquiring direct stakes in Italian mid-market companies, particularly alongside institutional co-investment partners like Assietta Private Equity SGR and Tamburi Investment Partners.
What types of companies does Creazione di Valore typically target?
The firm targets Italian mid-market companies suitable for control buyouts and growth equity. Known investments span industrial companies (MIX, Brenta, Sarg), consumer concepts (Zushi), and business services platforms (Dexelance S.p.A.). It does not appear confined to a single sector specialization.
How does Creazione di Valore source proprietary deal flow?
Sourcing runs primarily through Paolo Colonna's personal network, built over his career at Permira and his involvement in the Italian private equity association AIFI. The firm also leverages relationships with institutional co-investors like Tamburi Investment Partners and wealthy individuals such as Valeria Lattuada to source and structure club deals.
What is Creazione di Valore's known posture on co-investments alongside external GPs?
The firm actively co-invests alongside established Italian private equity managers rather than competing with them. Its relationship with Assietta Private Equity SGR is a primary example, where they have repeated together across multiple industrial transactions. This co-investment posture defines the firm's core operating model.
Does Creazione di Valore maintain philanthropic structures, and how are they separated?
Paolo Colonna is linked to several nonprofit entities, including Associazione F.A.T.A Onlus, Associazione Progetto Panda Onlus, and Cooperativa Sociale Il Volo Onlus, as well as involvement with Fondazione Cariplo. These activities appear separate from the investment company's operations. The firm also holds a cultural investment membership in Fondo per l'Arte LLP, a vehicle focused on art within Italy and the United Kingdom.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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